Day Trading Stocks & Futures

Tlahuicole

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Where does VWAP method come into picture today ? :confused:

I don't remember the VWAP being 30-35 points away from the CMP in NF.
TPbro,

In bnf by 3pm, the difference between vwap and close price was 60 approx, so BNF price was 11779 I holded till eod, where it went to 11870 and sold near that range.



Please advice if this is correct way of using ST VWAP method please.
 
re: Day trading Nifty & Banknifty Futures

TPbro,

In bnf by 3pm, the difference between vwap and close price was 60 approx, so BNF price was 11779 I holded till eod, where it went to 11870 and sold near that range.

Please advice if this is correct way of using ST VWAP method please.
Looks right. But wasn't the case with NF, only with BNF today.
 

Jai Mata Di

Well-Known Member
re: Day trading Nifty & Banknifty Futures

i need help regarding my weird :confused::confused::confused:::down:view of nifty...plzz :eek:

i think nifty up and down movement is due to internal movement of 50 scrips .if all are in red than nifty will go in red.
But today almost 36 scrips were in green to nullify the effect of 14 red scrip but still nifty didn't move much.

does it move purely on technical basis?????


:eek::eek::eek::eek:
Tracking Short Term Nifty Movement with advance decline of 50 scrips is not so easy as different script has different weightage in Index Nifty.

Nifty movement mainly depends on following top weightaged stocks from different sectors like
[TCS, INFY], [REL, ONGC], [ICICIBANK,SBI, HDFC BANK], ITC, COAL INDIA & BHARTIAIRTEL.

Similarly Bank Nifty movement depends on mainly 3 stocks of max weightages like SBI , ICICI, HDFC BANK then AXISBANK & KOTAKBANK.

Below link will surely help you to understand facts now. :)

http://www.adityabirlamoney.com/Equity/NiftyWeightage.aspx

Best Wishes.
Happy Trading.
 

AFORASTRO

Well-Known Member
re: Day trading Nifty & Banknifty Futures

Tracking Short Term Nifty Movement with advance decline of 50 scrips is not so easy as different script has different weightage in Index Nifty.

Nifty movement mainly depends on following top weightaged stocks from different sectors like
[TCS, INFY], [REL, ONGC], [ICICIBANK,SBI, HDFC BANK], ITC, COAL INDIA & BHARTIAIRTEL.

Similarly Bank Nifty movement depends on mainly 3 stocks of max weightages like SBI , ICICI, HDFC BANK then AXISBANK & KOTAKBANK.

Below link will surely help you to understand facts now. :)

http://www.adityabirlamoney.com/Equity/NiftyWeightage.aspx

Best Wishes.
Happy Trading.
Dhanyawad big brother.. :)
 

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